Honorable Tom Craddick, Speaker of the House, House of Representatives
FROM:
John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:
HB934 by Taylor (Relating to notice requirements in certain proceedings relating to charitable trusts. ), As Passed 2nd House
No fiscal implication to the State is anticipated.
This bill would change the time period for notice to the Attorney General on a proceeding involving a charitable trust from within 30 days of the filing of a pleading, but no less than 10 days to within 30 days of the filing of a pleading, but no less than 25 business days.
Local Government Impact
No fiscal implication to units of local government is anticipated.